EWIS Market is Forecasted to Reach US$ 2.1 Billion in 2026, Says Stratview Research

The global EWIS Market is projected to witness a growth rate of 8.4% annually from 2021 to 2026, with an anticipated size of US$ 2.1 billion in 2026, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global EWIS Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/1881/ewis-market.html#form
Report Highlights:
Market Size in 2026: US$ 2.1 billion
Growth (CAGR): 8.4% during 2021-2026
Forecast Period: 2021-2026
Trend Period: 2015-2019
Base Year: 2020
Number of Segments Covered: 6
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the EWIS Market:
The global EWIS Market is segmented based on Platform type, application type, product type, purpose type, end-user type and region.
Based on the platform type: The EWIS market is segmented as commercial aircraft, military aircraft, general aviation, regional aircraft, and helicopter. Despite being the worst hit from the pandemic, commercial aircraft is expected to remain the largest segment of the market during the forecast period. By the end of June 2021, Boeing and Airbus had an order backlog of 5,084 and 6,925 aircraft units. At present build rates, this massive pile of commercial aircraft order backlogs will allow both airframers to continue rolling out aircraft for the next eight to ten years. Upcoming aircraft programs, such as C919, B777X, and MC-21, are expected to further strengthen the position of commercial aircraft in the EWIS market.
Based on application type: The EWIS market is segmented as avionics, interiors, airframe, propulsion system, and others. The Interior segment held the dominant position in 2020 and is expected to heal at the fastest pace during 2021-2026. Increased focus of airliners towards enhancing passenger experience and up-gradation of the existing fleet with new IFE systems are the major factors behind the dominance of the interior segment.
To know the most attractive segments, click here: https://www.stratviewresearch.com/Request-Sample/2376/industrial-power-transmission-belt-market.html#form
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that North America is expected to remain the largest market for EWIS during the forecast period. This growth outlook is majorly attributed to the following-
• The USA is the growth engine of the region's market with the presence of major aircraft OEM's, tier players, EWIS players, and MRO companies.
• Most of the major players in the EWIS market have their presence in the region to cater to the emergent needs of OEMs and to be the partner for their upcoming aircraft programs or upcoming fuel-efficient variants of existing aircraft programs.
• Asia-Pacific is likely to witness the highest growth during 2021-2026.
• The region's market is majorly driven by increasing aircraft fleet to support rising passenger traffic; the opening of assembly plants of Boeing and Airbus in China for multiple programs, increasing production and procurement of military aircraft owing to the rising defense budget and growing territorial disputes among key economies, and upcoming indigenous aircraft program C919.
• China, Japan, and India are expected to remain the growth engines of the Asia-Pacific market
EWIS Market Drivers:
Some of the key drivers listed in the report are given below.
• Nevertheless, the aerospace industry is likely to bounce back shortly, backed by strong industry fundamentals and a proven track record in handling crises.
• Resuming aircraft deliveries, ungrounding of B737 Max, and revamp in the production rate of key programs such as A320, are heading the industry towards recovery.
Top Companies in the EWIS Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• Safran S.A.
• Groupe Latécoère
• GKN Aerospace
• Amphenol Corporation
• TE Connectivity
• TransDigm Group
• Ducommun Incorporated
• AKKA Technologies
• The Angelus Corporation
• CIA&D
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the EWIS Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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This release was published on openPR.